Grant Cardone Shares A Chart That Indicates The Fed Will Drop Rates: 'Gold Is Acting Like We Are In A Depression' [Yahoo! Finance]
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Source: Yahoo! Finance
Bureau of Labor Statistics, the consumer price index increased by 2.4% year-over-year in March Steady inflation has increased speculation that the Fed will eventually cut interest rates. However, real estate investor Grant Cardone believes that big rate cuts are guaranteed. He posted a chart on X to strengthen his claim. "Gold is acting like we are in a depression. Rates will drop like a rock," Cardone explained. Don't Miss: ‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.26/share with a $1000 minimum. Are you rich? Here's what Americans think you need to be considered wealthy. The chart shows gold going from $2,000 per ounce near the end of 2023 to more than $3,300 per ounce today. It also shows that gold's price has soared ever since the trade war began. Many investors retreat into precious metals like gold and silver when financial markets become uncertain. Tariffs have re
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AMZN
Earnings
- 10/30/25 - Beat
AMZN
Sec Filings
- 12/3/25 - Form 4
- 11/25/25 - Form 4
- 11/25/25 - Form 4
- AMZN's page on the SEC website